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Elbit Systems U.S. Subsidiary Awarded $12.7 Million Spares Order from U.S. Army for Integrated Helmet and Display Sight System

Date Announced: 01 Mar 2011

Display systems are used in Apache helicopters.

HAIFA, Israel, March 1, 2011/PRNewswire-FirstCall/ -- Elbit Systems Ltd. (NASDAQ and TASE: ESLT) announced today that its wholly-owned U.S. subsidiary, Elbit Systems of America, LLC, was awarded a $12.75 million delivery order for Integrated Helmet and Display Sight System (IHADSS) spares from the U.S. Army Tank-Automotive and Armaments Command (TACOM), in Rock Island, Illinois. Work on this contract will be performed in Fort Worth, Texas.

This delivery order was issued pursuant to an Indefinite Delivery/Indefinite Quantity (IDIQ) contract awarded to Elbit Systems of America, under which a total of more than $50 million in delivery orders have been issued to date.

The IHADSS system supports the Apache AH-64 attack helicopter mission by providing an advanced helmet mounted display and sighting system that provides heads up display and accurate line of sight to the pilot and co-pilot. Its capabilities and ease of use have resulted in a solid history of reliability, crew safety and mission success.

Elbit Systems of America President and CEO, Raanan Horowitz commented: "Elbit Systems of America is pleased to provide continued support to the Apache helicopter team. We appreciate the confidence placed by the U.S. Army in our quality and on-time delivery track record on the Apache IHADSS program."

Source: Elbit Systems of America

Contact

Company Contact:
Joseph Gaspar, Executive VP & CFO
Tel: +972-4-8316663

E-mail: j.gaspar@elbitsystems.com

Web Site: www.elbitsystems.com

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